| S.No. |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 101 |
|
KERALA HOUSING FINANCE LTD.
|
|
DID NOT MAKE DISCLOSURE IN NOTES ON ACCOUNTS TO ITS BALANCE SHEET ANNUAL REPORT 2012 VIOLATING SECTION 29(5)(A) OF NHB ACT, 2010
|
IMPOSED PENALTY RS.5000
31-DEC-2016
|
|
| 102 |
|
|
KERALA HOUSING FINANCE LTD.
|
|
DID NOT ADHERE TO PROVISION OF SECTION 29A (6) OF NHB ACT, 1987
|
IMPOSED PENALTY RS.525000
31-AUG-2017
|
|
| 103 |
|
|
KERALA HOUSING FINANCE LTD.
|
|
DELAYED SUBMISSION OF ASSET LIABILITIES MANAGEMENT (ALM) STATEMENT
DID NOT SUBMIT SCHEDULE III RETURN
|
IMPOSED PENALTY RS.6000
31-AUG-2018
|
|
| 104 |
|
|
KERALA HOUSING FINANCE LTD.
|
|
DID NOT SUBMIT HALF-YEARLY RETURN
|
IMPOSED PENALTY RS.1000
31-DEC-2016
|
|
| 105 |
|
|
KIFS HOUSING FINANCE PVT.LTD.
|
|
DELAYED SUBMISSION OF ANNUAL RETURN
DELAYED SUBMISSION OF HALF-YEARLY RETURN
DID NOT ADHERE TO PROVISION OF PARA 44 OF HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2010
|
IMPOSED PENALTY RS.20000
31-OCT-2018
|
|
| 106 |
|
|
KIFS HOUSING FINANCE PVT.LTD.
|
|
DID NOT ADHERE TO HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2010
|
IMPOSED PENALTY RS.5000
31-JUL-2020
|
|
| 107 |
|
|
LIC HOUSING FINANCE LTD.
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ON INCOME RECOGNITION, ASSET CLASSIFICATION, PROVISIONING AND DISCLOSURE IN BALANCE SHEET
|
IMPOSED PENALTY RS.260000
31-MAR-2019
|
|
| 108 |
|
|
LIC HOUSING FINANCE LTD.
|
|
DID NOT ADHERE TO PROVISION OF CREATION OF FLOATING CHARGE IN FAVOUR OF ITS DEPOSITORS
DID NOT REGISTER FLOATING CHARGE WITH REGISTRAR OF COMPANIES BASED ON STATUTORY INSPECTION CONDUCTED BY NHB
|
IMPOSED PENALTY RS.500000
30-JUN-2023
|
|
| 109 |
|
|
LIC HOUSING FINANCE LTD.
|
|
DID NOT ADHERE TO FAIR PRACTICE CODE FOR HOUSING FINANCE COMPANIES
|
IMPOSED PENALTY RS.5000
31-JAN-2020
|
|
| 110 |
|
|
LIC HOUSING FINANCE LTD.
|
|
VIOLATED POLICY CIRCULAR
|
IMPOSED PENALTY RS.2000
31-AUG-2018
|
|
| 111 |
|
|
LIC HOUSING FINANCE LTD.
|
|
DID NOT MAKE DISCLOSURE OF RATE OF INTEREST AND APPROACH FOR GRADATION OF RISK AND RATIONALE FOR CHARGING DIFFERENT RATE OF INTEREST TO DIFFERENT CATEGORIES OF BORROWERS IN LOAN APPLICATION FORMS AND SANCTION LETTERS
CHARGED PRE-PAYMENT PENALTY IN HOUSING LOANS ON A) FLOATING RATE BASIS WHICH WERE PRE-CLOSED FROM ANY SOURCE AND B) FIXED RATE BASIS WHICH WERE PRE-CLOSED FROM BORROWERS’ OWN SOURCES
|
IMPOSED PENALTY RS.4970000
31-MAY-2024
|
|
| 112 |
|
|
MAGMA HOUSING FINANCE LTD.
|
|
DID NOT ADHERE TO HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2010
VIOLATED POLICY CIRCULAR
|
IMPOSED PENALTY RS.50000
30-APR-2021
|
|
| 113 |
|
|
MAGMA HOUSING FINANCE LTD.
|
|
DID NOT ADHERE TO HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2010
|
IMPOSED PENALTY RS.50000
30-SEP-2019
|
|
| 114 |
|
|
MAGMA HOUSING FINANCE LTD.
|
|
DID NOT ADHERE TO PROVISIONS OF HOUSING FINANCE COMPANIES-CORPORATE GOVERNANCE (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2016
|
IMPOSED PENALTY RS.5000
30-NOV-2019
|
|
| 115 |
|
|
MAGMA HOUSING FINANCE LTD.
|
|
VIOLATED NHB DIRECTIVES/INSTRUCTIONS/GUIDELINES 2010
|
IMPOSED PENALTY RS.5000
31-DEC-2016
|
NOT APPEARING IN THE LIST DATED 31/08/2018
|
| 116 |
|
|
MANAPPURAM HOME FINANCE PVT.LTD.
|
|
DID NOT ADHERE TO HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2010
|
IMPOSED PENALTY RS.395000
30-APR-2021
|
|
| 117 |
|
|
MENTOR HOME LOANS INDIA LTD.
|
|
DID NOT ADHERE TO HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2010
DID NOT ADHERE TO GUIDELINES ON ISSUANCE OF NCDS ON PRIVATE PLACEMENT BASIS UNDER HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2014
DID NOT ADHERE TO PROVISIONS OF HOUSING FINANCE COMPANIES-CORPORATE GOVERNANCE (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2016
VIOLATED POLICY CIRCULAR
|
IMPOSED PENALTY RS.90000
28-FEB-2021
|
|
| 118 |
|
|
MENTOR INDIA LTD.
|
|
DID NOT SUBMIT RETURNS
|
IMPOSED PENALTY RS.5000
31-DEC-2016
|
|
| 119 |
|
|
MICRO HOUSING FINANCE CORP.LTD.
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES FOR HOUSING FINANCE COMPANIES
|
IMPOSED PENALTY RS.5000
31-DEC-2016
|
|
| 120 |
|
|
MILESTONE HOME FINANCE CO.PVT.LTD.
|
|
DELAYED SUBMISSION OF HALF-YEARLY RETURN
|
IMPOSED PENALTY RS.1000
31-DEC-2016
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
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| Page 6 of 10
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